Vélez-Málaga, Andalusia, Spain
Versatile 7-Bedroom Apartment Complex in Vélez-Málaga
€850,000
€895/m²
- 7
- Bedrooms
- 2
- Bathrooms
- 950 m²
- Interior
- Apartment
- Type
- 3 Sept 2026
- Listed
The Habio take
This impressive seven-bedroom apartment complex presents a remarkable investment opportunity in Vélez-Málaga, ideal for both commercial and residential use. Located in a strategic area with excellent visibility, it allows for profitable property management or a spacious family home with a business.
- investment
- city
- quiet
Highlights
- Complete building with residential and commercial potential
- Large ground floor commercial space of 578 m²
- Two independent apartments, each of 174 m²
- High visibility location on Carretera de Loja
- Walkable rooftop terrace with views
- No shared community expenses
Worth knowing
- Potentially high maintenance for large property
- Income from rentals may vary based on market demand
- Limited specific amenities mentioned
Good fit for: This property suits investors or families seeking a combined living and business space.
Lifestyle scores
- Beach
- 40
- Walkable
- 50
- Remote work
- 60
- Family
- 75
- Retirement
- 55
- Airport access
- 70
- Investment
- 80
- Luxury
- 65
- Value
- 70
About this place
This complete building in Vélez-Málaga offers immense commercial and residential potential, making it a unique investment opportunity. It is strategically situated on Carretera de Loja, boasting excellent visibility. With a total built area of over 950 m² spread across four levels, the property is both spacious and bright.
The ground floor features a substantial commercial area of 578 m², currently configured as a business zone with a restroom. Its generous size and easy access make it perfect for various business types, including supermarkets or showrooms.
The first floor contains a stately apartment of 174 m², featuring a large living-dining room, an independent kitchen, four bedrooms, an additional room or storage space, a full bathroom, and a restroom. Outdoor areas include a terrace designed for enjoying the pleasant climate.
On the second floor, there is a second independent apartment of the same size, consisting of three spacious bedrooms, a living-dining room, a kitchen, a bathroom, and a restroom. The third floor provides a 23 m² storage area, leading to a walkable rooftop terrace suitable for leisure activities or laundry drying with pleasant views.
This property stands out as it doesn't incur shared community expenses, making it a sound investment for independent rentals or personal use. Don't miss this chance to acquire a versatile property with significant potential in one of Vélez-Málaga's key areas.
Where you’ll be
Vélez-Málaga, Andalusia, Spain
Exact location is confirmed by the agent on enquiry.
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
